Corporate CEOs deserve high-end pay

As always, I carefully read another one of Andrew Villeneuve’s diatribes, this one in the Oct. 7 issue of the Redmond Reporter, titled “Making sense of the Republicans’ ‘class warfare’ rhetoric.”

As always, I carefully read another one of Andrew Villeneuve’s diatribes, this one in the Oct. 7 issue of the Redmond Reporter, titled “Making sense of the Republicans’ ‘class warfare’ rhetoric.”

While it may be true that “the average CEO makes … 185 times more than the average worker makes …” there are many good reasons for that.

The most important reason being “RESPONSIBILITY!”

The average worker has no obligation to provide a return on stockholders investment, the CEO does. The average worker isn’t responsible for his/her company surviving in this world’s economy, the CEO is.

I could go on, but the fact of the matter is, the CEO of a corporation is much more responsible for their company’s success than is the average worker, and for that responsibility they’re paid much more.

I guarantee you, if Mr. Villenueve had any corporate experience, or was himself a CEO, he’d feel differently about bashing the high pay of CEOs.

In the final analysis, what young Andrew is really talking about is re-distribution of wealth, which reminds me of a bumper sticker I saw recently.  It simply stated, “Your fair share is NOT in my wallet!”

Also, isn’t it odd, that Obama, and other “progressives” (previously known as “liberals”) court billionaires for their monetary support, while publicly attacking them for not paying their “fair share.”

Gee, they can’t have it both ways, can they?

Dick Bowne, Redmond